Franklin Templeton announces dividend in India Equity Income Fund

India Infoline News Service | Mumbai |

The record date for the dividend is March 14, 2014 and any purchases on or before this date will be eligible for the dividend

Franklin Templeton Investments (India) has announced tax-free dividends in its fund - Templeton India Equity Income Fund (TIEIF). All investors registered in the Dividend Plans as on March 14, 2014 will receive this tax-free dividend.
The record date for the dividend is March 14, 2014 and any purchases on or before this date will be eligible for the dividend.
Under the dividend reinvestment plan, the dividend declared will be reinvested in the Fund at the NAV of March 18, 2014 and unitholders will be allotted additional units for the dividend amount.
 

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